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(BHEL) Bharat Heavy complete technical analysis [charts+indicators] | Buy/Sell Bharat Heavy | (BHEL) share price targets

Complete technical analysis of Bharat Heavy (BHEL) by charts plus indicators, forecast predictions and share price targets for Bharat Heavy (BHEL)

Bharat Heavy trades in NSE in Heavy Electrical Equipment sector.

10 day averaged volume of Bharat Heavy is 19708782

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	278.85	274.45	281.45	274.25	1.705 times
25 Thu Apr 2024	271.60	265.00	273.90	264.10	1.503 times
24 Wed Apr 2024	264.05	261.45	265.40	258.15	0.759 times
23 Tue Apr 2024	260.15	260.00	264.00	259.60	0.634 times
22 Mon Apr 2024	259.35	257.45	261.00	254.50	0.626 times
19 Fri Apr 2024	254.55	250.75	256.35	246.25	0.856 times
18 Thu Apr 2024	253.20	259.60	263.00	251.70	0.89 times
16 Tue Apr 2024	257.75	255.00	260.45	251.55	0.73 times
15 Mon Apr 2024	256.50	254.20	261.95	252.55	1.072 times
12 Fri Apr 2024	262.50	258.60	269.20	258.00	1.148 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 274.6, for a target of 265.2 or 257.39

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	165.80
Downside Target	191.85
Downside Target	199.70
Downside Target	207.10
Downside Target	234.45
Downside Target	243.25
Downside Target	253.35
Downside Target	256.90
Downside Target	263.00
Downside Target	269.20
Downside Target	275.85
Upside Target	281.45

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	261.75
Downside Intraday Target	244.65
Upside Intraday Target	288.7
Upside Intraday Target	298.55
Downside Intraday Target	271.6

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	278.85	257.45	281.45	254.50	1.473 times
19 Fri Apr 2024	254.55	254.20	263.00	246.25	0.832 times
12 Fri Apr 2024	262.50	255.75	269.20	253.35	0.989 times
05 Fri Apr 2024	254.95	249.00	256.90	247.45	1.342 times
28 Thu Mar 2024	247.30	238.50	253.70	236.20	0.487 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bharat Heavy (BHEL)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	278.85	249.00	281.45	246.25	0.411 times
28 Thu Mar 2024	247.30	230.00	275.85	207.10	1.161 times
29 Thu Feb 2024	227.55	230.50	243.25	201.35	0.773 times
31 Wed Jan 2024	228.25	199.00	234.45	191.85	1.432 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bharat Heavy (BHEL)

Price action analysis of Bharat Heavy ( (BHEL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bharat Heavy ( (BHEL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bharat Heavy ( (BHEL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bharat Heavy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bharat Heavy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Heavy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Heavy in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bharat Heavy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 263.94 and Bharat Heavy (BHEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Bharat Heavy (BHEL) stock. Volume based technical analysis of Bharat Heavy (BHEL) stock is negative.

Bharat Heavy Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.